I do have room when I stand over the bike. That is how the shop "sized" the bike. The problem I'm having may be another issue then. When I'm sitting on the saddle (saddle set to allow the leg to just be slightly bent at the bottom of the peddle stroke) I can barely get on and off the bike - plus it feels like I am reaching so far to get to the handlebars. Someone said something about top tube length - I have a long back and short arms that offset the long back.

height 70 inches
inseam 29 inches (standing against a wall barefooted using a book to simulate saddle and measuring to top of book)
arm length is 27 inches, sternum notch is 57 inches

It just seems like it takes so much effort to ride, the ride is uncomfortable, the seat catches on my pants when I try to dismount the bike...

When I ride the friends bike I can go faster - and farther and I'm not nearly as tired. I hope it is just a matter of setup. I'm pretty sure that the saddle height is correct. (I measured from center of crank to bottom of saddle) Maybe the cranks are too long, handlebars to far away that is the two main factors that seem to anoy me.

Friends bike is Trek 3900. 16"